Member Info for Withoutaclue

Does say that meetings taking place over the next 2 weeks and that was last week so hopefully we may get some well over due positive news next week regarding the way forward into production

So that rns was another kick in the nuts for the LTHs. For me the JV with LB is now not going to happen. Martyn talks positively about the JV with LB around 5min mark, in October’s presentation, worth another listen around the 5 min mark, cmet talking to LB apparently for years, due diligence virtually completed, priority to get the JV done. So something has radically changed in 2 months, LB not as enthusiastic as we was led to believe, did they change the terms at the last minute, or has another investor come forward with better terms hope so.

I would like to think with the "unexpected" placing puts us in a better position to negotiate a slightly better deal for the JV

Seen it his happen so many times with an increase in volume traded

I find myself the closer we get to Christmas the more I don't want them to announce the JV. I am of the opinion it won't happen before the new year anyway but I would now rather have a slow up build up of the share price in anticipation and the JV rns announced in the 1st 2 weeks of the new year. I think any rns now will have a lesser impact especially next week as things slow down for Christmas break.

“Following the announcement of a Subscription on 6 December 2023, the Company was approached by existing shareholders in the UK who wished to further support the Company and maintain their holdings.”

Looks like the original placing “annoyed” an existing UK shareholder who wasn’t happy about the dilution but was happy to invest more

There are still long term holders around I first bought at 15p after a podcast with a well known investor highlighted cmet back in 2021, he did also highlight that he couldn’t understand the low share price back then based on the fundamentals. I still can’t understand the disconnect of the share price

I now average 6.5p but like paulFG couldn’t face buying anymore at 1p.

I hope the JV will be signed by the end of the year but as said in the presentation that is the target but it could be optimistic

Next year does now look promising for long term holders

Rita Liu, Mode CEO comments: "2022 is a big year for Mode and these two new additions signal our intentions. Mike and David are two industry heavyweights that will help not only in terms of strategy but will also help us grow our networks and drive growth. I'd like to formally welcome both to Mode and look forward to what we can achieve together"

What she actually means is the next 7 months is a big year for us as absolutely nothing has happened in the first 5 months

Shouldn’t we have had the drilling results by now as well?

We need more announcements like on a regular basis, not 1 every 3 months, a big name would be useful and a marketing campaign, as promised, to increase Modes non existent profile would be beneficial. if I wasn’t invested I wouldn’t know what Mode was,

“The Company is encouraged that progress is now being made on the EIA process, Indications are that Covid-19 conditions in Sri Lanka are improving and the Company expects to progress matters more rapidly in the forthcoming Q3”

Michael Frayne, CEO

The “strategy in 2021” (page 22 to 25) interesting read better get a crack on as we’re nearly in the second half now,

Mode sign MoU with THG.

Hopefully this is just the beginning (avalanche) of a number of RNS’s stating which companies are going to use the Mode app!

“We will deploy the first open banking platform with Crypto attached in the UK...coming very soon.” - Johnathan Rowland 24th April.

To me “very soon” is just about up. June 1st would be as good a date as any to start the app if not sooner.

Bought in over 2 months ago, completely agree with whats been said but can’t understand why the share price is so low and the lack of volume, guess we are off many peoples radar and it’s just a matter of time

You would hope your PR department wouldn’t allow an AMA unless the super app had been launched or it’s to announce the launch date and or the US listing had been sorted or a date approved. It would be a bit like throwing yourself to the wolves or shooting yourself in the foot,

Save the date! We're excited to host another Ask Me Anything (#AMA) session with our CCO @thisisRita_Liu, May 7th @ 12pm! To ask questions before we go live tweet with #AMAMode: youtu.be/qARSEBqoM-E